Thanks, Idit, for the update. CGEN is a company who seems to act as though we were still living in the 1999-2000 bubble era.
>They are burning as much as $14M per year so they will be out of cash by the end of 2008 so I don't think that there is any point in buying the stock before that.<
A cash ball from outer space could land in their parking lot but, barring that, your advice is eminently reasonable, IMO. Regards, Dew